Li-FT Power Management Commentary Attributes Q3 2026 Net Loss to Renard Care and Maintenance Costs

• Li-FT Power management commentary reported a Q3 2026 net loss of CAD 10.61 million, versus a year-earlier CAD 5 million profit.
• Management attributed the reversal primarily to CAD 5.86 million in Renard care and maintenance costs, higher share-based compensation and increased staffing expenses.
• Comparisons also reflected the absence of a CAD 5 million property-sale gain and CAD 1.44 million in investment fair-value gains.
• Professional fees increased because of Winsome acquisition and integration work, while workforce expansion, severance and transaction incentives raised personnel costs.
• Nine-month net loss reached CAD 23.2 million, versus CAD 3.57 million profit, reflecting higher operating expenses and deferred income tax expense.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Li-FT Power Ltd. published the original content used to generate this news brief on November 13, 2026, and is solely responsible for the information contained therein.